For Sale: 5,414 Sqm Land With Pile Foundations For Twin 15-storey Luxury Towers, Glover Road, Old Ikoyi, Ikoyi, Lagos (Ref: 3172879)

5,414 Sqm Land With Pile Foundations For Twin 15-storey Luxury Towers

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Property Description

Prime Corner-Piece Development Opportunity on Glover Road, Old Ikoyi

5,414 SQM Land with Pile Foundations for Twin 15-Storey Luxury Towers $17 Million

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Property Overview

- Land Size: 5,414 Square Metres (Corner Piece)
- Location: Glover Road, Old Ikoyi, Lagos
- Price: $17,000,000 (Seventeen Million US Dollars)
- Title: Dual Consent - Lagos State Governor's Consent & Federal Consent
- Development Status: Pile foundations already installed for twin 15-storey towers
- Acquisition Method: Sale of registered company owning the title

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Key Highlights

- Prime Ikoyi Corner Location: Prestigious Glover Road address in Old Ikoyi
- Development-Ready: Pile foundations already in place - save time and construction costs
- Dual Title Perfection: Both Lagos State Governor's Consent and Federal Consent secured
- Seamless Acquisition: Purchase through company transfer - no additional title perfection costs
- Premium Development Potential: Approved for twin 15-storey luxury towers

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️ Development Specifications

- Planned Structures: Twin 15-storey luxury towers
- Current Status: Pile foundations completed
- Land Type: Prime corner piece with maximum visibility and access
- Zoning: High-end residential/commercial (subject to verification)

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Location Advantages

- Prestigious Address: Glover Road, Old Ikoyi - one of Lagos' most exclusive locations
- Corner Position: Enhanced visibility and architectural possibilities
- Prime Neighborhood: Surrounded by luxury residences and diplomatic buildings
- Excellent Accessibility: Easy access to business districts and amenities

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Acquisition Advantage

- Company Transfer Process: Simply change directors to become new owner
- No Title Perfection Costs: All consents already secured
- Fast Transaction: Bypass lengthy property registration processes
- Proven Title History: Already registered with dual government consents

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Investment Summary

A rare turnkey development opportunity in Old Ikoyi's most prestigious location. This blue-chip asset offers immediate development potential with significant cost and time savings from existing foundations and perfected titles.

Ideal For:

- Luxury Real Estate Developers
- Institutional Investors
- High-Net-Worth Consortiums
- International Property Funds

Serious investors only - this represents one of Ikoyi's premier development opportunities.

Contact for comprehensive due diligence package and site inspection.


Property Details

Property Ref: 3172879Added On: 28 Oct 2025Last Updated: 28 Oct 2025
Market Status: AvailableType: Mixed-use LandTotal Area: 5,414 sqm
Covered Area: 5,414 sqm      

Interesting Facts

You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?

Leisure and Shopping

Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.

Popular Estates

If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.

Day Life

You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.

Night Life

Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.

Schools

Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.

Read the full area guide for Ikoyi, Lagos.

Interested in this property?

Call 0803 XXXX Show Phone
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